|
PureBytes Links
Trading Reference Links
|
OK, I agree to your deal: you send me $18000 right now, and I promise to send
you $100 each month. And, if I seem to have trouble paying it back, I can just
print more...Where do I sign??
DanG
kohath wrote:
> No, I don't agree. I would suppose what you are saying is it is better to
> be in debt than not. I would like to propose to you that if you wish you
> may become in debt to me starting now. You can start sending me $100, $500,
> or whatever amount you wish each month so that you can realize your own
> personal economic boom. Remember, the more you send me out of your pay
> check each month the more you will have for yourself, or so your theory
> goes. Yes, nothing better than to be in debt to someone! Lets face it, the
> reason the majority of Americans are in debt is because the tax rate is 60%.
> Government encourages us to save, and yet, at the same time, whatever is
> left at the end of the month for someone to save Uncle Sam say's "Give it to
> Me". Reader's digest did an article on this a few months ago. Remember,
> in the next few years the tax form will be very simplified, forget flat tax
> rates, etc. This is the easiest form of all, and the last form needed, and
> it will be as follows: "How much did you make this year $______. Send it
> in!"
>
> Kohath
>
> ----- Original Message -----
> From: Howard Hopkins <hehohop@xxxxxxxxxxx>
> To: <andrew@xxxxxxxxxxxxx>; <dickwebb711@xxxxxxxxx>;
> <realtraders@xxxxxxxxxxxx>
> Sent: Friday, July 23, 1999 8:26 AM
> Subject: Re: GEN: Y2K EXTREMISM?
>
> > Didn't we hear this same debt arguement in the 92 elections??
> >
> > The absolute $ amount of national debt is irrelevant. The % debt relative
> > to GDP is what you need to control. Should you refinance your home
> mortgage
> > when interest rates are @ 30 year lows?? How about a second mortgage?
> >
> > Supply side economics kicked off this whole boom in the Reagan era and
> > expanded the revenue side of the equation. Why won't that work now?
> >
> > And by the way... aren't stock prices near all time highs, bond prices
> near
> > multi-decade lows, and the dollar the strongest currency in the world?
> This
> > economic theory to pay down debt to improve the US economy has been
> > invalidated in the real world... don't you agree?
> >
> >
> > >From: "Andrew" <andrew@xxxxxxxxxxxxx>
> > >To: "Dick Webb" <dickwebb711@xxxxxxxxx>, <realtraders@xxxxxxxxxxxx>
> > >Subject: Re: GEN: Y2K EXTREMISM?
> > >Date: Thu, 22 Jul 1999 17:26:12 -0700
> > >
> > >You are right on about greenspan. What an amazing concept... paying down
> > >debt.
> > >
> > >We need to take the debt to zero and then cut taxes... And by then we
> will
> > >be able to afford it. If we follow the
> > >republican plan and cut taxes know, we will have to raise them again in
> a
> > >few years.
> > >
> > >The country will be a lot stronger without the debt. And we will still
> have
> > >funds for social services.
> > > I really don't understand the republicans. It is easy arithmetic.
> Less
> > >interest paid out means we can lower taxes permanently.
> > >Stocks up, bonds up, interest rates down, foreign currencies down. The
> > >US.
> > >will dominate the
> > >world economy.
> > >
> > >I'll take that ride.
> > >
> > >
> > >----- Original Message -----
> > >From: Dick Webb <dickwebb711@xxxxxxxxx>
> > >To: charles meyer <chmeyer@xxxxxxxx>; <realtraders@xxxxxxxxxxxx>
> > >Sent: Thursday, July 22, 1999 3:14 PM
> > >Subject: Re: GEN: Y2K EXTREMISM?
> > >
> > >
> > > >
> > > > Charles,
> > > >
> > > > 1) There doesn't need to be a consipirisy to get
> > > > people into debt. People do not learn proper money
> > > > values for the most part. Most have little
> > > > understanding of natural cycles....herd mentality.
> > > >
> > > >
> > > > 2) Y2K...The "experts" will tell you to watch out for
> > > > the embedded chips and that they can ruin us. I can
> > > > count on one hand the number of embedded chips in my
> > > > house. So what if my VCR doesn't work any more.
> > > > (Is it time to invest in VCR Sales?)
> > > >
> > > > 3) The end is near stock up on food. This was the call
> > > > of 1979. This type of hype often is heard the loudest
> > > > during an extreme market swing. In 1979 I filled my
> > > > garage with $1,400 worth of dehydrated food. In 1982 I
> > > > gave it away to the food bank. In 1979 i made a mint
> > > > in Silver futures. What market is up now?
> > > >
> > > > As a general rule it is a good idea to have a weeks
> > > > worth of food around the house. In the normal course
> > > > of events I have that much anyway. Reserve water is in
> > > > my water heater and swimming pool.
> > > >
> > > > Investments in silver....yeah right who will take
> > > > silver in exchange for food today? What makes anyone
> > > > think that someone will take it during a panic.
> > > >
> > > > Gold...I have a one ounce coin can how many apples
> > > > will
> > > > you give me for it? I only want 10 apples ...What will
> > > > you give me for change?
> > > >
> > > > Foreign accounts.....In the USA we are Y2K paranoid
> > > > and the rest of the world is not...Why would I put my
> > > > money over there.
> > > >
> > > > Accounts here....Have several months of statments.
> > > > Open up a few new savings accounts. If one bank has
> > > > problems maybe the other will be open.
> > > >
> > > > CASH...Greenspan is printing several billion extra
> > > > keep a few thousand just in case. He is the best thing
> > > > that ever happend to this country. He has radical
> > > > ideas like pay down the national debt and reduce
> > > > taxes.
> > > >
> > > > In closing FDR had it right
> > > > The only thing to fear is.........
> > > >
> > > > Good Trading
> > > > Dick
> > > >
> > > >
> > > >
> > > > ===
> > > > Big Lucky Dick
> > > >
> > > > _________________________________________________________
> > > > Do You Yahoo!?
> > > > Get your free @yahoo.com address at http://mail.yahoo.com
> > > >
> > > >
> > > >
> > >
> >
> >
> > _______________________________________________________________
> > Get Free Email and Do More On The Web. Visit http://www.msn.com
> >
|